Half Mag / Half Zine
U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple (AAPL.O) and Amazon.com (AMZN.O), and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020. Most S&P 500 sectors ended higher, with energy Read more
Elon Musk countersued Twitter Inc (TWTR.N) on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not Read more
Bank of America (BAC.N) said on Friday that it is engaged in settlement talks with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over staff communications on unapproved devices. Earlier in July, the bank Read more
Elon Musk filed under seal his answer and countersuit to Twitter’s lawsuit over his $44 bln deal to acquire the social media company, according to a court filing.
Canada’s resource-heavy main stock index rose on Friday, capping a positive month for the market, as company earnings impressed investors and preliminary data showed the Canadian economy expanding more than expected in the second quarter. The Toronto Stock Exchange’s S&P/TSX Read more
Ratings agency S&P affirmed Uniper’s (UN01.DE) long-term credit rating at BBB- with a negative outlook on Friday, fulfilling one of the conditions for Germany’s 15 billion-euro ($15.32 billion) bailout package of the gas importer. The package, among the biggest in Read more
Oil prices settled up more than $2 a barrel on Friday as attention turned to next week’s OPEC+ meeting and dimming expectations that the producer group will imminently boost supply. Brent crude futures contract for September, which expire on Friday, Read more